Swedish WTR Group has completed the acquisition of Peterborough-based Hydromarque Group Ltd, a long-established pump solutions company, with legal support from Birmingham firm Knights.
Hydromarque, founded in 1987, is the exclusive UK distributor for Gorman-Rupp and Cornell pumps. The company has built a strong reputation across East Anglia and beyond for delivering complete pumping solutions for wastewater, clean water, food processing, and other industrial sectors.
A specialist Corporate team at Knights, led by Partner Gareth Burge and supported by Senior Associate Joe Rollins and Partner Amy Osbourn, advised WTR Group throughout the transaction.
CEO of WTR Group, Khashayar Nikavar, said: “We are delighted to welcome Hydromarque to WTR Group. Their deep technical expertise, strong supplier partnerships, and long-standing relationships within the water, food and industrial sectors gives us a great strategic fit.
“Hydromarques’s reputation for quality, reliability and customer support aligns perfectly with our vision, and we look forward to working closely with the team to accelerate our joint growth in the UK and across Northern Europe.
“We are grateful to the Knights team for their ongoing support as we grow WTR Group in the UK.”
Knights partner Gareth Burge added: “We are delighted to continue our relationship with WTR Group and to have advised on this latest deal – WTR’s third in the UK in the last 18 months.
“Our specialist team worked hard to ensure a seamless process and we look forward to seeing how both WTR and Hydromarque achieve their long term aims, and to supporting their future growth.”
Legal advice for WTR Group in Sweden was provided by Baker McKenzie, Stockholm. Financial and tax advice was provided by Mazars, while the sellers of Hydromarque Group Ltd were advised by Freeths.
